New Road - PO2 7RB
Key Postcode Insights
PO2 7RB is a residential postcode situated on New Road, Portsmouth, PO2 with 48 addresses.
It ranks as the 559th largest and 26th most expensive of the 697 postcodes in the PO2 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 48 properties: 7 houses, 35 flats and 6 other properties.
- Ave. Sale Price
- £124,830
- 10 Year change
- up 22.1%
- Ave. Rental Price
- £861pcm
- 10 Year change
- up 46.6%
- Ave. £ per ft²
- £183/ft²
- Ave. Gross Yield
- 8.3%/year/yr
Key Postcode Insights
PO2 7RB is a residential postcode situated on New Road, Portsmouth, PO2 with 48 addresses.
It ranks as the 559th largest and 26th most expensive of the 697 postcodes in the PO2 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 48 properties: 7 houses, 35 flats and 6 other properties.
- Ave. Sale Price
- £124,830
- 10 Year change
- up 22.1%
- Ave. Rental Price
- £861pcm
- 10 Year change
- up 46.6%
- Ave. £ per ft²
- £183/ft²
- Ave. Gross Yield
- 8.3%/year/yr
Explore Propertiesin PO2 7RB
- 2 New Road
Modern Building | 7 Units
- 4 New Road
1 Bed Modern Flat
- 6 New Road
2 Bed Modern Flat
- 8 New Road
2 Bed Modern Flat
- 10 New Road
1 Bed Modern Flat
Sales Market Trends
The last sale in PO2 7RB sold for £170,000 on 28th July 2025. Since then prices have on average remained the same.
The current average value in the postcode is £124,830.
The PO2 7RB Sales Market has increased by 22.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £124,830 |
| June 2025 | -1.5% | £125,130 |
| June 2024 | -1.9% | £127,035 |
| June 2023 | -0.2% | £129,441 |
| June 2022 | 9% | £129,666 |
| June 2021 | 5% | £118,985 |
| June 2020 | 1.3% | £113,277 |
| June 2019 | 1.4% | £111,775 |
| June 2018 | 1.9% | £110,281 |
| June 2017 | 5.8% | £108,172 |
| June 2016 | 8% | £102,240 |
| June 2015 | 6.4% | £94,671 |
| June 2014 | 8% | £88,973 |
| June 2013 | 0.4% | £82,381 |
| June 2012 | -0.2% | £82,075 |
| June 2011 | -1.3% | £82,254 |
| June 2010 | 5.4% | £83,312 |
| June 2009 | -11.2% | £79,079 |
| June 2008 | -6.5% | £89,003 |
| June 2007 | 0% | £95,229 |
Rental Market Trends
The current average rental value in the postcode is £861.
The PO2 7RB Rental Market has increased by 46.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £861pcm |
| June 2025 | 3.2% | £833pcm |
| June 2024 | 5.7% | £807pcm |
| June 2023 | 8.6% | £764pcm |
| June 2022 | 10.8% | £704pcm |
| June 2021 | 5.7% | £635pcm |
| June 2020 | 2.3% | £601pcm |
| June 2019 | 1.9% | £587pcm |
| June 2018 | -0.7% | £576pcm |
| June 2017 | -1.2% | £580pcm |
| June 2016 | 4.7% | £587pcm |
| June 2015 | 4.3% | £561pcm |
| June 2014 | 2.6% | £538pcm |
| June 2013 | 0.5% | £524pcm |
| June 2012 | 1.9% | £521pcm |
| June 2011 | 2.4% | £512pcm |
| June 2010 | 3.4% | £499pcm |
| June 2009 | -4.3% | £483pcm |
| June 2008 | 2.3% | £505pcm |
| June 2007 | 0% | £493pcm |
Sales History
The last sale was on 28th July 2025 for £170,000 and since then the market in the area has remained stable. The postcode has had a total of 28 sales since 1995.
PO2 7RB has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Jul 2025£170,000 | 3 Bed House26, New Road, Portsmouth, PO2 7RB26, New Road, Portsmouth, PO2 7RB
- Sold Oct 2024£84,000 | 2 Bed FlatFlat 3, 30, New Road, Portsmouth, PO2 7RBFlat 3, 30, New Road, Portsmouth, PO2 7RB
- Sold Aug 2021£117,000 | 2 Bed FlatFlat 9, 30, New Road, Portsmouth, PO2 7RBFlat 9, 30, New Road, Portsmouth, PO2 7RB
- Sold Jul 2021£118,000 | 2 Bed FlatFlat 2, 30, New Road, Portsmouth, PO2 7RBFlat 2, 30, New Road, Portsmouth, PO2 7RB
- Sold Dec 2017£163,000 | 2 Bed FlatFlat 7, 30, New Road, Portsmouth, PO2 7RBFlat 7, 30, New Road, Portsmouth, PO2 7RB
Nearby Postcodes
PO2 7RB is the 559th largest and the 26th most expensive postcode out of the 697 postcodes in the PO2 area.
- PO2 7QL, New Road, Portsmouth, PO2PO2 7QL8 Addresses|31 m away
- PO2 7QJ, New Road, Portsmouth, PO2PO2 7QJ6 Addresses|56 m away
- PO2 7QR, Balliol Road, Portsmouth, PO2PO2 7QR2 Addresses|57 m away
- PO2 7PP, Balliol Road, Portsmouth, PO2PO2 7PP15 Addresses|65 m away
- PO2 7RE, New Road, Portsmouth, PO2PO2 7RE6 Addresses|65 m away
Property Types
- 41 modern flats built after 1980
- 2 mid-century houses built between 1936 and 1979
- 5 other addresses of unknown type
- modern flat (41)
- mid-century house (2)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 34 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (5)
- F (0)
- C (25)
- G (0)
- D (4)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Oct 1996£801,000 | 4 Bed House97, New Road, Portsmouth, PO2 7QN97, New Road, Portsmouth, PO2 7QN
- Sold Oct 2022£801,000 | 4 Bed House103, New Road, Portsmouth, PO2 7QN103, New Road, Portsmouth, PO2 7QN
- Sold Oct 2022£801,000 | 4 Bed House93, New Road, Portsmouth, PO2 7QN93, New Road, Portsmouth, PO2 7QN
Schools Nearby
- Manor Infant and Nursery School100 m away
- Penbridge Junior School500 m away
- New Horizons Primary School500 m away
- The Portsmouth Academy400 m away
- St Edmund's Catholic School1.2 km away
- Miltoncross Academy1.4 km away
More reading links
Public Transport Nearby
The closest station to PO2 7RB is Fratton station, which is 1.3 kilometres away.
- Fratton|1.3 km away
- Portsmouth & Southsea|1.5 km away
- Hilsea|2.5 km away
- Portsmouth Harbour|2.6 km away
